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Centre manager Scott Darroch told the Kilmarnock Standard: “I can’t give you names but what I can say is that we have been working really, really hard on a development round about 18 to 25 King Street, which is the former BHS.

“We are at a stage where we have heads of terms drafted up for two retailers and one potential non-retail tenant. I hope that in the next few months, we can make an announcement about it. It’s substantial investment in the town by NewRiver and there are one or two pieces of the jigsaw that need to come together before we can go public with it.”

NewRiver is the firm that currently owns the Burns Mall and a number of other shopping centres across the country.

Speaking about the closure of high street stores, Mr Darroch added: “A lot of town centres are feeling the same thing.